Environmental Law

Mexico loses 80-100% of crops to freeze, US prices to skyrocket

By STEPHEN HOLZER

The cold weather experienced across much of the US in early February made its way deep into Mexico and early reports estimate 80-100 percent crop losses which are having an immediate impact on prices at US grocery stores with more volatility to come.

Wholesale food suppliers have already sent notices to supermarket retailers describing the produce losses in Mexico and the impact shoppers can expect. Sysco sent out a release(pdf) this week stating the early February freeze reached as far south as Los Mochis and south of Culiacan, both located in the state of Sinaloa, along the Gulf of California. The freezing temperatures were the worst the region has seen since 1957.

via www.digitaljournal.com

Full post as published by Environmental Legal Blogs on February 12, 2011 (boomark / email).